All posts tagged "featured"

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  Stocks rise from nine-month low after rate cut

  Stocks recovered from a nine-month low on Wednesday to gain 0.24 per cent after the Central Bank of Nigeria’s announcement on Tuesday of a surprise interest rate cut aimed at stimulating lending in the nation’s economy. The...

  • Posted November 27, 2015
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  IPMAN seeks quick passage of supplementary budget

  The Independent Petroleum Marketers Association of Nigeria has appealed to the National Assembly to quickly pass the supplementary budget submitted by the Presidency. The Assistant National Secretary of the association, Alhaji Ahmed Fashola, made the appeal in...

  • Posted November 27, 2015
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  NCAA bars five marketers from supplying aviation fuel

  The Nigerian Civil Aviation Authority has suspended five oil marketing companies from supplying aviation fuel, also called Jet A1, to local and foreign airlines operating in the country due to lack of depot facilities. The companies are...

  • Posted November 27, 2015
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  FG spends N194bn on capital projects

  The Federal Ministry of Finance said on Wednesday that N194bn had been spent on capital projects between January and September this year. It also put the amount spent on overheads in the same nine-month period at N272bn....

  • Posted November 27, 2015
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  We will meter all customers in three years — Amoda

  Oladele Amoda is the Managing Director, Eko Electricity Distribution Company. He speaks about the financial, metering and operational challenges facing the company in this interview with STANLEY OPARA You were part of the defunct Power Holding Company...

  • Posted November 27, 2015
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  First Bank backs SMEs

  First Bank of Nigeria Limited has launched a campaign aimed at helping Small and Medium Scale Enterprises to grow their businesses with diverse product and service offerings. The bank said the move was in line with its...

  • Posted November 26, 2015
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  Reps say banks frustrating cashless policy, seek review

  The House of Representatives on Tuesday called on the Central Bank of Nigeria to review its cashless policy on the grounds that operators, including commercial banks, were frustrating its smooth implementation. The House noted that Nigerians were...

  • Posted November 26, 2015
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  Insurers pay claims promptly – CIIN

  The President, Chartered Insurance Institute of Nigeria, Isioma Chukwuma, has urged members of the public to change their negative perception about the insurance industry in the country, because it is now paying claims to the insured promptly...

  • Posted November 26, 2015
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  Stanbic IBTC Bank introduces personal teller machine

  Stanbic IBTC Bank, a member of Stanbic IBTC Holdings Plc, says it has partnered NCR to introduce the personal teller machine, an innovative product that will allow customers to perform full-banking activities 24 hours of the day....

  • Posted November 26, 2015
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  Monitor imported lubricants – Kachikwu tells DPR, SON

  The Department of Petroleum Resources and the Standards Organisation of Nigeria have been urged to monitor the influx of imported lubricants into the country due to the reported cases of substandard lubricants in the market. The Minister...

  • Posted November 26, 2015
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